Re: [CANSLIM] LNOP


From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] LNOP
Date: Thu, 1 Aug 2002 08:49:47 -0500

Previous Article (by Date): Re: [CANSLIM] LNOP "Tom Worley"
Top of Thread: [CANSLIM] LNOP "Donald Wallker"
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Congratulations on your good fortune, Donald.=20

On LNOP--When I respond to a post on the list, I respond to the subject =
matter, not the person. My point was not to judge you or to accuse you =
of touting a stock, simply to look at LNOP through CANSLIM eyes. As the =
list is devoted to CANSLIM, it would seem appropriate to do so.

The world is full of investments that do well but don't pass the =
scrutiny of a CANSLIM evaluation. That's why non-CANSLIM folks also make =
money. I've had countless friends, however, who have lost their =
investments because they couldn't stay focused on becoming a disciplined =
master of a style, but instead flitted from one investment style to =
another, let their emotions override reality, and/or trusted somebody =
else to tell them what to do. =20

Katherine
  ----- Original Message -----=20
  From: Donald Wallker=20
  To: canslim@lists.xmission.com=20
  Sent: Thursday, August 01, 2002 8:32 AM
  Subject: [CANSLIM] LNOP


  Katherine ---------I agree with you about the financials of LNOP, that =
is, they stink..On the other hand, I did not tout LNOP as an investment, =
 CANSLIM or otherwise.  Rather I offered it to the group as something =
they could scratch their heads about.  I later remarked  that I had =
bought into LNOP rather than AYE for reasons having nothing to do with =
CANSLIM.   And made no recommendations to anyone that they should do the =
same.  Now, at this writing, I'm surely  glad I bought in yesterday.  =
Today, LNOP announced that China's largest telecom equipment =
manufacturer, ZTE Corp, decided to use LNOP's EZchip NP-1 processor in =
their equipment. And the pre=3Dmarket price of LNOP is over %25  more =
than I paid for it --=3D=3DDonald.=20

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<DIV>Congratulations on your good fortune, Donald. </DIV>
<DIV>&nbsp;</DIV>
<DIV>On LNOP--When I respond to a post on the list, I respond to the =
subject=20
matter, not the person. My point was not to judge you or to accuse you =
of=20
touting a stock, simply to look at LNOP through CANSLIM eyes. As the =
list is=20
devoted to CANSLIM, it would seem appropriate to do so.</DIV>
<DIV>&nbsp;</DIV>
<DIV>The world is full of investments that do well but don't pass the =
scrutiny=20
of a CANSLIM evaluation. That's why non-CANSLIM folks also make money. =
I've had=20
countless friends, however, who have lost their investments because they =

couldn't stay focused on becoming a disciplined master of a style, but =
instead=20
flitted from one investment style to another, let their emotions =
override=20
reality,&nbsp;and/or trusted somebody else to tell them what to =
do.&nbsp; </DIV>
<DIV>&nbsp;</DIV>
<DIV>Katherine</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A>=20
  </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Thursday, August 01, 2002 =
8:32=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] LNOP</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial size=3D2>Katherine ---------I agree with you =
about the=20
  financials of LNOP, that is, they stink..On the other hand, I did not =
tout=20
  LNOP as an investment,&nbsp; CANSLIM or otherwise.&nbsp; Rather I =
offered it=20
  to the group as something they could scratch their heads about.&nbsp; =
I later=20
  remarked &nbsp;that I had bought into LNOP rather than AYE for reasons =
having=20
  nothing to do with CANSLIM.&nbsp;&nbsp; And made no recommendations to =
anyone=20
  that they should do the same.&nbsp; Now, at this writing, I'm surely=20
  &nbsp;glad I bought in yesterday.&nbsp; Today, LNOP announced that =
China's=20
  largest telecom equipment manufacturer, ZTE Corp, decided&nbsp;to use =
LNOP's=20
  EZchip NP-1 processor&nbsp;in their&nbsp;equipment. And the =
pre=3Dmarket price=20
  of LNOP is&nbsp;over %25&nbsp; more than I paid for=20
  it&nbsp;--=3D=3DDonald.&nbsp;</FONT></DIV></BLOCKQUOTE></BODY></HTML>

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Previous Article (by Date): Re: [CANSLIM] LNOP "Tom Worley"
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